Bitfinex Derivatives

According to the official announcement, Bitfinex Derivatives announced the launch of a series of perpetual contracts targeting some of the largest and most popular global commodity indexes, including UK Crude Oil (UKOILF0: USTF0), Palladium (XPDF0: USTF0), and Platinum (XPTF0: USTF0). Bitfinex Derivatives Launches UKOILF0: USTF0, XPDF0: USTF0, XPTF0: USTF0 Permanent Contracts Analysis based on this information:Bitfinex Derivatives, a prominent cryptocurrency exchange platform, has recently announced the launch of a series of perpetual contracts targeting some of the largest and most popular global commodity indexes. Specifically, these contracts will target UK Crude Oil, Palladium, and Platinum indexes. Perpetual contracts are a type of derivative product that does not have an expiration date. Unlike traditional futures contracts, where traders need to settle the contract on a specific date, perpetual contracts allow traders to hold their positions indefinitely. This makes them an attractive investment option for experienced traders who are looking for more flexibility in their trading strategies. Bitfinex’s decision to introduce perpetual…